InterManager Daily News 11.05.2021.

1. Egypt Offers to Cut Ever Given Compensation Claim to $600 Million
Egypt offered to reduce claims by a third for compensation from owners of the container ship that blocked the Suez Canal in March, Suez Canal Authority Chairman Osama Rabie told MBC Masr channel television channel. The canal authority said it would reduce the claims for compensation to $600 million from $900 million, according to Rabie. The SCA also offered payment terms to owners of the Ever Given container ship but they have yet to respond, he said.

2. Oil Traders Work to Avert Shortages After Cyberattack on Major U.S. Pipeline
The shutdown of America’s largest fuel pipeline after a cyberattack is threatening to send gasoline prices to the highest in seven years as suppliers work to stave off shortages from Atlanta to New York with tankers and barges. Traders and fuel shippers are seeking vessels to deliver gasoline that would have otherwise been shipped on the Colonial Pipeline system, according to people familiar with the matter. Others are securing tankers to temporarily store gasoline in the U.S. Gulf in the event of a prolonged shutdown, they said, asking not to be identified because the information isn’t public.

3. Asian ports dominate new container terminal efficiency index
The index finds that Asian container ports are the most efficient in the world, dominating the Top 50 spots. Despite being the highest ranked European port Algeciras in Spain is at position 10 in the index. Colombo in Sri Lanka is the top-ranked port in South Asia at 17th place and Mexico’s Lazaro Cardenas leads the Americas at 25th.

4. UN issues checklist to protect stranded seafarers’ human rights
The joint initiative between the UN Global Compact, the UN Human Rights Office, the International Labour Organization (ILO) and the International Maritime Organization (IMO) aims to assist businesses in upholding their responsibilities as new COVID variants and outbreaks threaten to cause further delays in crew change and repatriation.

5. Greece says charterers should pay EU emissions trading costs
The country’s Shipping and Island Policy Minister, Ioannis Plakiotakis in a letter to the European Commission, says the “polluter pays” principle should apply. Expressing the concerns of the Greek shipping industry regarding the intentions of the European Commission, in the context of the revision of the EU ETS, to include shipping in it, Plakiotakis backs the creation of a special European Fund under the EU ETS.

6. Cyprus Shipping Deputy Ministry launches the third phase of its open consultation for the formulation of a strategic vision for Cyprus Shipping
Cyprus Shipping Deputy Ministry (SDM) islaunching the 3rd phase of their consultation for the formulation of a strategic vision for Cyprus Shipping. They are asking the contribution of the public on global persisting challenges (living and working conditions of seafarers and piracy and armed robbery). For those interested to submit their feedback on the first two phases of consultation on environmental sustainability and digital transformation they can still do it on the following link

7. Plaquemines Port and APM Terminals announce future port collaboration
Plaquemines Port and APM Terminals have announced an agreement to work together to discuss the future design of the Plaquemines Port Harbor and Terminal District (PPHTD), including the consideration of APM Terminals as the future terminal operator.

8. FueLNG completes Singapore’s first ship-to-ship bunkering of an LNG-fuelled oil tanker
FueLNG, together with the Maritime and Port Authority of Singapore (MPA), has completed Singapore’s first bunkering of an LNG-fuelled oil tanker today. FueLNG is a joint venture between Keppel Offshore & Marine Ltd (Keppel O&M) and Shell Eastern Petroleum (Pte) Ltd.
FueLNG successfully completed the gas-up and cool down operation for the LNG-powered oil tanker ‘Pacific Emerald’, including the transfer of 3,000m3 of LNG from FueLNG Bellina, Singapore’s first LNG bunkering vessel, to the tanker.

9. The Swedish Club: New Bunker Alerts for Next Generation Loss Prevention
A new release of The Swedish Club’s Trade Enabling Loss Prevention tool (TELP), the next generation of loss prevention, has just been launched to Club members. In addition to real time personalised loss prevention advice, tailored to their location, and voyage profile TELP 2.0 now provides members with targeted Bunker Alerts, warning vessels headed for port of any fuel quality issues that have been reported in the area.

10. Container Freight Rates To N America From N Asia Trump Southeast Asia In A Rare Flip
Spot container freight rates from North Asia to North America have surpassed those from Southeast Asia to North America in an atypical market situation, S&P Global Platts data showed. For the last several months, prices from Southeast Asia to North America have been higher than those from North Asia, for a variety of reasons including decreased container availability and severe congestion issues at key transshipment ports in Southeast Asia.


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